When done right, switching home loans can produce significant financial benefits -- but you need to properly understand the consequences of moving to another mortgage. So, as we head into the final hours of the big Switch & Save home loan sale, here's our handy list of the top 5 traps to avoid -- to make sure you're a savvy switcher.
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Australian banks have been quietly bumping up interest rates in recent months, tightening the already-strained budgets of many mortgage holders. Alternative home loan options are out there, but many aren’t taking the extra step to switch lenders. Enter Australia's biggest home loan sale event -- now underway for 40 hours from 6am Monday May 8. Reduced rates, waived fees, exclusive deals. Here's how to start saving.
Predicting the future is near impossible -- but that doesn‘t stop us all from having a red hot go. Human beings have been predicting the future since the beginning of history and the results range from the hilarious to the downright uncanny.
One thing all future predictions have in common: they‘re rooted in our current understanding of how the world works. It‘s difficult to escape that mindset. We have no idea how technology will evolve, so our ideas are connected to the technology of today.